
US offers India 30-day waiver to buy Russian oil amid Strait of Hormuz disruption
Indian refiners, whose supplies were stuck in the Gulf, have started buying Russian oil
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India news: US grants a 30-day waiver for Russian oil import
The move is intended to ease pressures on the country's oil supplies in the short term. Meanwhile, day two of the Raisina Dialogue 2026 has commenced in New Delhi. Follow live.
Read full article →US offers India 30-day waiver to buy Russian oil amid Strait of Hormuz disruption
Indian refiners, whose supplies were stuck in the Gulf, have started buying Russian oil
By Stuti Mishra
Read full article →Israel-Iran war: What US 30-day waiver on Russian oil means for India - explained
Around 90% of India’s crude oil is imported - and around 40-50% of India’s crude oil imports come from the Middle East, particularly after it substantially reduced purchases of Russian crude oil.
By SMRITI JAIN
Read full article →US approves temporary sale of stranded Russian oil to India
Waiver aims to ease pressure on global energy markets
By AFP
Read full article →In Major Win For Putin, US Grants Russia License To Sell Oil To India While Strait Of Hormuz Is Blocked
In Major Win For Putin, US Grants Russia License To Sell Oil To India While Strait Of Hormuz Is Blocked The world desperately needs oil, but can't get it as 20% of it is literally stuck behind the blockaded Straits of Hormuz. Putin has tons of oil because sales are metaphorically stuck by US sanctions. If the world does not get access to oil soon enough, there will be a global recession or worse, and every day the price of oil rises by 5%. What to do? Lightbulb moment: why, rem...
By Tyler Durden
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